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Things appear to be looking up for Five9 Inc (FIVN)

Five9 Inc (NASDAQ: FIVN) is -24.15% lower on its value in year-to-date trading and has touched a low of $51.01 and a high of $92.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIVN stock was last observed hovering at around $59.82 in the last trading session, with the day’s loss setting it -0.13%.

Currently trading at $59.69, the stock is -2.02% and -10.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -0.22% at the moment leaves the stock -16.31% off its SMA200. FIVN registered -17.60% loss for a year compared to 6-month loss of -3.07%. The firm has a 50-day simple moving average (SMA 50) of $4.91 and a 200-day simple moving average (SMA200) of -$421.03.

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The stock witnessed a 2.03% gain in the last 1 month and extending the period to 3 months gives it a -17.42%, and is -2.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 2.91% over the month.

Five9 Inc (FIVN) has around 2684 employees, a market worth around $4.38B and $910.49M in sales. Fwd P/E is 22.52. Profit margin for the company is -8.98%. Distance from 52-week low is 17.03% and -35.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.20%).

Five9 Inc quarterly earnings per share for the current quarter are estimated at $0.38 with sales reaching $239.99M over the same period.The EPS is expected to grow by 6.05% this year, but quarterly earnings will post 15.90% year-over-year. Quarterly sales are estimated to grow 15.40% in year-over-year returns.

Five9 Inc (FIVN) Top Institutional Holders

466 institutions hold shares in Five9 Inc (FIVN), with institutional investors hold 106.36% of the company’s shares. The shares outstanding are 73.32M, and float is at 71.79M with Short Float at 4.01%. Institutions hold 104.99% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 7.01 million shares valued at $577.9 million. The investor’s holdings represent 9.71% of the FIVN Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 4.92 million shares valued at $405.42 million to account for 6.81% of the shares outstanding. The other top investors are Pictet Asset Management SA which holds 4.08 million shares representing 5.65% and valued at over $336.12 million, while Blackrock Inc. holds 5.52% of the shares totaling 3.98 million with a market value of $328.55 million.

Five9 Inc (FIVN) Insider Activity

The most recent transaction is an insider sale by Dignan Andy,the company’sCHIEF OPERATING OFFICER. SEC filings show that Dignan Andy sold 7,340 shares of the company’s common stock on Mar 06 ’24 at a price of $57.28 per share for a total of $0.42 million. Following the sale, the insider now owns 0.13 million shares.

Five9 Inc disclosed in a document filed with the SEC on Mar 05 ’24 that Burkland Michael (Chief Executive Officer) sold a total of 36,702 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $57.93 per share for $2.13 million. Following the transaction, the insider now directly holds 0.28 million shares of the FIVN stock.

Still, SEC filings show that on Mar 05 ’24, Burkland Daniel P. (Pres. & Chief Revenue Officer) disposed off 11,576 shares at an average price of $58.30 for $0.67 million. The insider now directly holds 134,989 shares of Five9 Inc (FIVN).

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